Phillips 66 ships US crude to East Coast refiner on foreign vessel

9 articles · Updated · Bloomberg · Apr 24

The Bakken oil was loaded in early April at Beaumont, Texas, onto the Malta-flagged Htm Warrior for delivery to Monroe Energy's Trainer refinery in Pennsylvania.
This marks the first use of a foreign vessel for this route since President Trump waived the Jones Act, a century-old maritime law restricting domestic shipping to US-flagged vessels.
The waiver enables greater flexibility in US oil transportation, potentially lowering costs and increasing supply options for East Coast refiners amid evolving energy logistics.

Will allowing foreign ships to transport US oil actually lead to lower gas prices?

Why is the Defense Department now relying on foreign vessels for domestic energy transport?

Amid global oil chaos, can a shipping waiver truly insulate the US from price shocks?

Is a century-old shipping law hurting America's response to modern energy crises?

This shipment broke a 100-year-old rule. Is this a temporary fix or permanent change?